A Loan Officer is a representative from a Direct Private Money Lender, or anyone that facilitates a loan, that acts as a liaison between the prospective client (borrower) and the lender organization.
At Stratton Equities, our experienced team of Loan Officers have the knowledge of a wide array of mortgage programs, to better help each borrower with a loan option that would be beneficial to the borrower.
The Loan officer is also responsible for obtaining and verifying all the essential financial documentations for the borrower. A Stratton Equities' Loan Officer will be there every step of the way, assisting the Real Estate Investor through the important loan application process.
Loan Officers are crucial to the loan application process, because they have the ability to communicate directly with the underwriter (the person that approves/denies a loan), appraiser, title company, mortgage processor, the closing attorney (if needed), and help facilitate the process.
The difference between Stratton Equities' team of Loan Officers and other companies' teams, is that we have the knowledge and extensive library of the widest range of mortgage programs - to best determine what best suits the borrower's needs.
How can a Loan Officer be helpful to me?
If you are a real estate investor looking for financing for your property, a loan officer is someone that you can directly contact to initiate the process of obtaining a loan.
Instead of having to communicate with many representatives with different jobs, the loan officer is a single channel that deals with the entire web and makes it that much more stress-free for you.
A licensed and experienced loan officer can truly understand what works best for the borrower and their unique loan scenario.
Real Estate Investors prefer to directly work with loan officers so that they can get a personal and better fitting mortgage program for their desired property investment.
At Stratton Equities, we built our business on the fact that Loan scenarios are not a one-size-fits-all, that's why it's important to work with a professional loan officer that is well versed in all mortgage programs - to best suit your particular real estate investment needs.
It's also important to note, that there is a great deal of paperwork involved in the loan application process and a loan officer ensures that all the proper paperwork is filed and completed in a timely fashion.